Tropical Terrace Unit No 4
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
254 homesBuilt 1942–2024
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Tropical Terrace Unit No 4 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
64%
Owner-occupied · Tropical Terrace Unit No 4
164 of 256 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Tropical Terrace Unit No 4
incl. 11% trust or LLC-held · 5% out-of-state
254
Homes in the community
plus 2 vacant residential lots · 256 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1942
Community established
homes built 1942-2024, median 1958 (FL DOR 2025)
0
Failed listings · 2020
peaked at 4 in 2007
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is an established Tampa neighborhood where the housing stock tells the real story. The median year built sits at 1958, but the range stretches all the way to 2024, which means older homes and newer infill or teardown-rebuilds are trading side by side. That spread is the main variable buyers and sellers need to price around, not location or amenities.

With 254 homes and a homestead share of 64.1%, a solid majority of owners have filed for homestead exemption here, pointing to longer-term occupancy rather than a market dominated by short-term rentals or rapid flips. For sellers, that stability supports a steady, not frantic, resale pace. For buyers, it means inventory turns over on its own schedule rather than in waves.

Best for

  • Buyers who want an established Tampa location and are willing to assess each home's age and condition individually.
  • Buyers targeting a modest-footprint home near the 1,528 sqft median without needing shared amenities.
  • Owner-occupant buyers planning a longer hold, consistent with the neighborhood's high homestead share.

Probably not for

  • Buyers who want a uniform build era or a newer subdivision feel throughout the community.
  • Buyers prioritizing pools, clubhouses, or other organized community amenities.
  • Investors expecting a fast-turnover market driven by short-term rental activity.

The market around Tropical Terrace Unit No 4

Tropical Terrace Unit No 4 is a small community — 15 recorded sales on file, most recently in 2020 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Tropical Terrace Unit No 4 specifically. Momentum Research analysis of MLS records.

If we were buying in Tropical Terrace Unit No 4 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Tropical Terrace Unit No 4.

Best Buy
Buyers comfortable evaluating homes individually rather than by neighborhood averages.
Biggest Risk
Condition and age vary enough that two homes on the same street can require very different budgets to bring up to standard.
Sweet Spot
A move-in-ready or recently updated home near the median size, offering established construction without an outdated footprint.
Avoid If
You are looking for a community with organized shared amenities or recreational facilities.

A neighborhood built in two eras

The year-built range here, 1942 to 2024, is unusually wide for a community of only 254 homes. That means condition and vintage vary block to block: original mid-century construction sits near recent builds or substantial renovations. Anyone shopping this pocket needs to evaluate each home on its own construction era rather than assuming uniformity across the community.

No community amenities are identified from current MLS listings, so this is a straightforward residential setting rather than an amenity-driven one. Value here is carried by the home itself, the lot, and proximity to the surrounding city, not by shared recreational infrastructure. That keeps the market grounded in fundamentals: square footage, age, and condition.

The location and the amenities are priced into every listing in Tropical Terrace Unit No 4. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small, mixed-vintage community like this, pricing a home correctly means knowing which decade it belongs to and what that means for comparable sales. We walk both buyers and sellers through that vintage-by-vintage read rather than leaning on a single neighborhood average.

Tropical Terrace Unit No 4 in 15 seconds.

Best forBuyers comfortable evaluating homes individually rather than by neighborhood averages.
Biggest advantageThe wide construction range gives buyers a genuine choice between older and newer builds in the same footprint.
Biggest riskCondition and age vary enough that two homes on the same street can require very different budgets to bring up to standard.
Sweet spotA move-in-ready or recently updated home near the median size, offering established construction without an outdated footprint.
Avoid ifYou are looking for a community with organized shared amenities or recreational facilities.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tropical Terrace Unit No 4 sales matched to your home.

What is your Tropical Terrace Unit No 4 home worth?

Get a no-obligation home value based on real comparable sales in Tropical Terrace Unit No 4, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Tropical Terrace Unit No 4?
The Florida DOR 2025 assessment roll shows 254 homes plus 2 vacant residential lots in Tropical Terrace Unit No 4 (public records).
What share of Tropical Terrace Unit No 4 is owner-occupied?
64% of Tropical Terrace Unit No 4 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Tropical Terrace Unit No 4 built?
Homes in Tropical Terrace Unit No 4 were built between 1942 and 2024, with a median year built of 1958.0 (FL DOR 2025 roll).
Who is the best real estate agent for Tropical Terrace Unit No 4?
The best agent for Tropical Terrace Unit No 4 is one who actively works Tampa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Tropical Terrace Unit No 4.
How do I find a top Tampa real estate agent who knows Tropical Terrace Unit No 4?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Tropical Terrace Unit No 4 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Tropical Terrace Unit No 4?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tropical Terrace Unit No 4 purchase or sale - no call center and no pressure.
Buyers who want an established Tampa location and are willing to assess each home's age and condition individually.Excellent fit
Buyers targeting a modest-footprint home near the 1,528 sqft median without needing shared amenities.Excellent fit
Owner-occupant buyers planning a longer hold, consistent with the neighborhood's high homestead share.Excellent fit
Buyers who want a uniform build era or a newer subdivision feel throughout the community.Probably not
Buyers prioritizing pools, clubhouses, or other organized community amenities.Probably not
Investors expecting a fast-turnover market driven by short-term rental activity.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33611))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (8 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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